The cash burn per quarter is only around $600 k at most at the moment since they are only doing low cost sampling and surveys so plenty of cash on hand ...around $3 mill right now ?
They wont be needing to do another raise before early mid next year .
They can drill a fair few holes at Ecuador and Juazeirinho for $700k and and a heap of augar drilling at the clay projects for a similar amount ....massive news flow coming in the next 6 months but no CR.
The cash burn per quarter is only around $600 k at most at the...
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